Real Estate
FGMK’s dedicated professionals possess extensive real estate expertise and a passion for the industry. While providing tax, assurance, and consulting services, our real estate professionals know the industry, command the knowledge of the latest tax and accounting rules and pronouncements that affect it, and provide related cutting-edge services. We provide creative, proactive, and practical solutions to complex situations, be it in tax planning, transaction consulting or entity structuring, in order to help our clients fulfill their objectives.
In addition to top US income tax planning and compliance expertise, our tax specialists provide multi-state and international tax knowledge and experience.
FGMK is well respected among investors and lenders that rely on our independent assurance services involving financial statements of our real estate clients. Financial controls, information flow, and analysis are a few of the ways we can address the accounting challenges and concerns of growing real estate companies.
Our real estate services include:
- Audit and assurance
- Compensation planning
- Cost segregation studies
- Debt structuring
- Due diligence
- Energy efficient building deductions/credits
- Entity organizational document review
- Entity structuring
- Equity structuring
- Estate planning
- Federal tax planning and tax return compliance
- International tax planning and compliance
- Litigation support/expert witness
- Operations review and benchmarking
- Real estate acquisition and disposition planning
- REIT and UPREIT transactions
- Repairs and capitalization studies
- State and local tax and incentive planning
- Succession/business continuity planning
- Tax credits, entitlements, and other incentives
- Tax-deferred planning including Sections 1031 and 1033 exchanges
- Transaction structuring
- Valuation
With responsive teams led by partners and managing directors, we are able to provide the knowledge and talent of a large national firm, with the personal service and flexibility of a local firm.
Real estate industry segments served:
- Commercial office
- Commercial retail
- Construction/general contractors and subcontractors
- Developers
- Homebuilders
- Hospitality
- Industrial
- Investors
- Land development
- Manufactured home communities
- Multi-family
- Parking facilities
- Real estate management and brokerage companies
- Real estate operating companies
TAX REFORM
Federal tax rules continue to evolve, and the Tax Cuts and Jobs Act (“TCJA”) remains a key driver of planning opportunities and compliance requirements. FGMK delivers proactive tax planning and compliance services to help clients stay aligned with current law and optimize outcomes.
Insight built for real estate.
Whether you are developing, investing, operating, or managing real estate assets, our team brings the experience and perspective needed to support your goals.
Key Tax Provisions Impacting Real Estate Owners Under the One Big Beautiful Bill Act
Recent federal legislation has introduced several changes affecting commercial real estate owners, including updates to bonus depreciation, interest expense limitations, excess business loss rules, and energy-related incentives.
This resource provides a concise overview of the key tax provisions under the One Big Beautiful Bill Act (OBBBA) and highlights additional planning considerations real estate owners should be aware of in 2025.
Download the summary to review the provisions most likely to impact your tax strategy and discuss with your advisor.